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20121108
20121116
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exclusive. we sit down with the country's most powerful republican, house speaker john boehner. facing a critical deadline. will he and the president finally make a deal? or will this country fall off a cliff of huge tax increases and a new recession? everyone has said, a disaster is looming. >>> face to face. gabby giffords is there as the man who shot her is sentenced. her husband, mark kelly, tells us what was going through their minds. >>> freezing over. the families in the storm zone, huddling in blankets as they're hit with another storm. >>> and band of brothers. our bob woodruff, standing up for heroes tonight. the healing power of rock and roll. ♪ >>> good evening once again from washington, d.c., where the election may be over, but the clock is ticking on an issue affecting every american family. and standing at the urgent crossroads, the president and the speaker of the house, republican john boehner. there is a freight train bearing down on this country, called the fiscal cliff. it made the stock market so nervous today, for the second day in a row, it dropped. and busine
more taxes. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people were wok
. >> reporter: from speaker of the house john boehner, to the newly re-elected president, an olive branch. >> mr. president, the republican majority here in the house stands ready to work with you. >> reporter: they better work together. if they don't strike a deal to cut the deficit in just 55 days, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtually every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a willingness to compromise. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: the newly elected congress looks almost exactly like the last one. the same partisan divisions, maybe even a little bit deeper, that led to failure last time. bu
. president obama has talked with the top four leaders in congress, including republican house speaker john boehner. boehner said yesterday his party would consider tax increases under the right circumstances. he sent a tweet this morning to that effect. republican party needs to regroup after mitt romney's loss. veteran republican strategist wallace says the gop does need to change. >> what happens at this juncture is the same we talk about a war in the republican party between moderates and conservatives. that's an irrelevant and outdated debate it about is modernizing the language -- >> reporter: harry reid sounds ready to compromise saying in a news conference yesterday it is better to dance than to fight. "good morning america" will have more on the fiscal cliff, coming up at 7:00. tonight diane sawyer has an interview with john boehner. katie marzullo, abc7 news. >>> >> traffic and weather together next. >>> live look outside from the embarcadero looking at the bay, a lot of clouds, clear skies not going to last long that system mike has been warning us about is here how rain will aff
. they need to make a better case on the tax policies. >> today john boehner stressed election was not a mandate for raising taxs.. >> and stocks sank on wall street. dow saw the worst day of the year. the nasdaq and dow drop considerably. others a they expect that had drop off if barack obama won. the president and congress cannot agree on an expiring $800 billion plan. >> workers strike against railly supermarket led to an arrest. tonight union employees gathering to show solidarity. alan wong is live at the railly's tonight with the story. >> there are communications director arrested here at the knob hill store. i'm told there is a dispute over a paycheck so a company spokesperson for the store chain says he was arrested for assaulting a railly's employee. this sunday nearly 8,000 uscw members have been onstrike and sea the railly's knob rilhill store chain wants to take way their family and retiree medical benefits as well as their sunday and premium pay. united food and commercial workers union is made up of mostly cash years, butchers, service clerks and produce workers.
for democrats, a humbled speaker of the house, john boehner, struck a conciliatory tone. after keeping control of the house, but losing seats. he signaled a possible willingness to compromise on taxes and extended an olive branch to the president. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans, but as americans. let's rise above the dysfunction and do the right thing together for our country. >> reporter: rush limbaugh almost seemed at a loss of words when describing the republican defeat. >> i went to bed last night thinking, we're outnumbered. i went to bed last night thinking we've lost the country. >> reporter: as returns were still rolling in, sarah palin seemed stunned. >> unfortunately, we know what we will get with four more years of obama. this really is a catastrophic setback to our economy. it's a perplexing time for many of us right now. >> reporter: in high-profile races from the top on down, it was a night of republican concession speeches. >> i pray that the president will be successful in guiding our nation. >> she won it fair and
's deficit. meanwhile house speaker john boehner has already signaling his willingness to hammer out a budget deal in an exclusive interview with abc's diane sayer, boehner made it clear that he's not open to raising taxes, but he did express confidence he and the president could find some common ground. >>> sources tell abc news that talks are under way for a possible plea deal for congressman jesse jackson jr. the illinois democrat is currently being treated at the mayo clinic for bipolar disorder. the fbi is investigating jackson for improperly using campaign funds for personal purchases, potentially furniture at his home, but he coasted to victory tuesday, retaining his congressional seat, despite virtually no presence on the campaign trail. the only involvement, a robo call. had. voted since june 8. and missed every one of the 225 votes since. that goes to show his strong contingency there. >> absolutely. >>> a look at your friday forecast, a big storm in the rockies with blizzard conditions and up to 2 feet of snow in montana, idaho, utah. showers along the california coast. some light
, fights breaking out. >>> an abc news exclusive. house speaker john boehner draws a line in the sand two days after the election. saying any tax increase would be unacceptable. the standoff, now, already set, as the president gets surprisingly emotional. >> i'm really proud of all of you. and, uh -- >> in this brand-new footage, released overnight. >>> armed and dangerous. the massive manhunt for the bank robber called the ak-47 bandit. now, caught on tape, holding up banks across the west with an automatic rifle. police racing to track him down before he strikes again. >>> and the surprising revelation from the woman we all know from the dance floor. brooke burke-charvet's surprising diagnosis. the 41-year-old superfit mother of four's new health battle. >>> always nice to see that we are well-protected here in times square. good morning, everyone. robin is on the mend. elizabeth vargas is back. and, boy, so much anger building up here in the northeast. tens of thousands, now, day 11 without power. the utility companies are under fire for that. and gas is still so hard to find for so ma
heard paul gigot, house speaker john boehner, sean hannity has evolved on the issue of immigration. >> you have point on me? >> two questions, will it happen now and is that enough for the republican party? >> it's not the only thing they need to do. it's an important threshold issue for an awful lot of -- not just for hispanic voters but for asian voters. it has shrunk to 33% in 2004. 26% this time. why in the world should chinese americans vote so much less for republicans than eight years ago? >> what is the answer? >> i think the answer is they're getting a message, you're really not welcome. part of that is the threshold question of immigration. and republicans need to address that. look, if the iceberg breaks up on immigration, this sort of the conservative part of the republican coalition, there's been an unwillingness to consider immigration reform. it's just been closed off. mitt romney hasn't been willing to address that. he used words like self-deportation. >> i don't think though that the democrats have done a terrific amount in that area either. i went to the president
john boehner agreed to openness as long as it linked to entitlement reforms and oo i'm not suggesting we compromise on principle buzz suggesting that we commit ourselves to creating an atmosphere to see common ground and seize it. >> it's better to stand and to fight it's better to work together. everything doesn't are to be a fight. everything doesn't have to be a fight. that is the way it's been the last couple years. >> two leaders different. boehner prefers to wait until newly elected congress is elected. reid calling on congress to get the work done immediately. >> you can see from this map of the electoral vote everything from florida has been called and with florida's 29 votes it won't make much of a difference either way because if we have it to go, let's say blue for the president. woe be up to 332 votes so just widen his lead. and if we make it red, and give it to mitt romney he is still 235. mr. obama retaining the presidency. want to show you more things now. how people voted closer to home. we're going to show you a map and take a look here. so going into mode, mode here.
are looming. >> speaker of the house john boehner appeared to dig in his heels on the suggestion of tax increases.. >> raising taxes on small business people is the wrong prescription given wheream> democratic stlat gist and former clinton advisor. >> i do think they get paid on the clinton play book on this. >> saying president needs to sell voters on a vision of compromise. >> the president doesn't make the case. people are confused on it. the way health care should have played out that makes boehner's job easier. >> speaker of the house's conversation coming up in about an hour from now on abc world news. the first indepth interview since tuesday's election. >> thank you. >> in addition to promising to work with house and senate members the president reaching outç=tc to reassure foreign leaders of his continuing cooperation. swerls leaders of germany and other countries was also announced today the president will take a historic trip to cambodia and myanmar. >> the pentagon says an iranian military plane fired upon, but did not hit a u.s. drone aircraft in whatrr
, house speaker john boehner drew a hard line on raising taxes. but opened the door of raising more revenue as part of a deficit reduction deal. >> i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. >> reporter: but democrats think the newly-re-elected president has a mandate to raise taxes on families making more than $250,000 a year. >> there was a message sent to us by the american people, based on the campaign. and that is, people making all this money have to contribute a little bit more. >> reporter: democrats and republicans are set to begin talks on debt reduction, hoping to avoid automatic spending cuts and tax increases from kicking in at the end of the year. the president will make his first post-election comments on the economy today at the white house. during his victory speech tuesday night, he says he wants a bipartisan solution to solve the country's fiscal challenges. >> i'm looking forward to reaching out and working with leaders of both parties, to meet the challenges we can only solve to
john boehner said everything, including increased revenue needs to be on the table and said it's time for the president to lee.d. >> thank you. wall street weighed in on what the president had to say today. stock prices on the rice after'z consumers sentiment reported at a more than five-year high. here is what happened after television. the dow finished with a gain of just four points. this is what the line looked like. they were just lining up to get boxes for thanksgiving and christmas and put their name on the list for christmas toys. >> this is really scary to see people braving elements just for that opportunity. >> we're crowded and money is tight. so this won't be a very good holiday season. >> they plan to sign up 4,000 families. the agency making a plea for don yaigs to meet demands. >> a former america's cup sailing team was devastated by the -- and lift spirits. here is the story. >> looks like a hot sauce bottle but it's supposed to be a plane. >> should go farther than a couple feet. i used to build model planes.. >> that is not stopping mario and his daughter from plann
, republican house speaker john boehner told diane sawyer that was a nonstarter. >> is it on the table to talk about? >> i made clear -- >> the wealthier americans pitch in. >> yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> reporter: still, today, the president said the debate had been settled, with his victory tuesday night. >> this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. >> reporter: and he threw down the gauntlet, saying everyone agrees on keeping the middle class tax cuts for those who make under $200,000 a year. so, he said, congress should act on that now. >> and i've got the pen ready to sign the bill right away. i'm ready to do it. i'm ready to do it. >> reporter: and diane, president obama heads to asia next week. but before he leaves, he is calling for a meeting here at the white house of the top house and senate democrat and republican leaders to at least begin to try to find a compromise if one is possi
close to $1 trillion. >> reporter: but house speaker john boehner made it clear, wealthiest americans should not see their taxes go up. >> i have outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. >> reporter: for the first time, the president weighed in on the scandal that led to general petraeus' resignation as cia director. >> i have no evidence at this point, from what i've seen, that classified information was disclosed that, in any way, would have had a negative impact on our national security. >> reporter: the president also blasted top republicans for their criticism of u.n. ambassador susan rice over the administration's initial reason for the attack on the u.s. consulate in benghazi. he said they should, instead, take aim at him. rob and paula, back to you. >> definitely a heated moment for the president there. preeti arla, live in washington. thanks, preeti. >>> and david petraeus will be on capitol hill tomorrow to testify about the september 11th attacks on the u.s. consulate in benghazi, libya. petraeus was still
last night that includes house speaker ran john boehner. he says his party is willing to consider tax increases only under the right circumstances which include fewer tax loopholes and simpler, fairer tax code. right now all sides are laying out opening arguments for negotiations that are to come. they need to avoid severe and automatic government spending cuts and tax hikes that will take place january 1st. those cuts and hikes total 800 billion dollars. in the bay area there's hope president obama's reelection will bring amick boost especially in the silicon valley. with health care behind him the tech industry feels the president can turn his attention to jobs, housing and clean technology. katie marzullo, abc7 news. >>>s did are trying to determine how badly hurt an 11-month-old fremont baby was when she fell from a third story window yesterday. firefighters say the baby landed in bushes outside her home in the 800 block of walnut avenue yesterday afternoon the baby was unconscious when she was airlifted to the hospital but breathing and crying on arrival. police say her mother wa
americans to pay more. republican response from house speaker john boehner said proposed tax hikes on small business owners would cost america hundreds of jobs. >> can't just cut our way to prosperity. if we are serious about reducing the deficit, we have to combine spending cuts with revenue, and that means asking the wealthiest americans to pay a little more in taxes. >> here's the problem with that. raising those rates on january 1st would, according to the independent firm earnst and young, destroy 700,000 american jobs. that's because many of those hit by the tax increase are small business owners. >>> the white house said the president would veto any bill from congress from extends tax cuts for families making $250,000 or more. boehner said he won't consider raising taxes but he would consider eliminating tax loopholes. >>> a hercules city council member faces possible censure on tuesday on an abc news indication of unethical and abuse of power. the contra costa time reports the hercules councilwoman is in hot water with fellow council members for silencing a resident over blog posts
to pay more. republican response from house speaker john boehner said proposed tax hikes on small business owners would cost america hundreds of jobs. >> can't just cut our way to pros peerty. if we are serious,we have to combine cuts with revenue and that means asking the wealthiest americans to pay a little more in taxes. >> here's the problem with that. raising those rates on january 1st would, according to the independent firm earns and young, destroy 700,000 american jobs. that's because many of those hit by the tax increase are small business owners. >>> the white house said the president would veto any bill from congress from extends tax cuts for families making $250,000 or more. boehner said he won't consider raising taxes but he would consider eliminating tax loopholes. >>> a hercules city council member faces possible censure on advertise on an abc news indication of unethical and abuse of power. she's in hot water for silencing a resident over blog posts that she believed was critical of her. council will continue a draft resolution accruing devara of interfering with a
. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill for republicans to swallow. speaker boehner has called raising tax rates on anybody unacceptable. but he hasn't ruled out limiting deductions and closing loopholes. and that could be the outline of a possible deal. >> if you looked closely at what the president had to say, looked closely at what i have had to say, there are no barriers here to sitting down and beginning to work through this process. >> reporter: but if they don't come to a resolution, beginning january 1st, the economy could be thrown back into recession. and households making $70,000 a year could see their taxes increase over $4,000. the president said he is open to new ideas. and if republicans have a way to raise taxes on the wealthy without raising rates, he wouldn't slam the door on them. george? >> the dancing begins. jon, thanks very much.
. john boehner coming out today. harry reid as well. boehner said, we can't keep setting the bar that low. it is time we raise the bar. i loved what he said about we are ready to be led not as democrats or republicans, but as americans, not as a liberal or conservative, but as the president of the united states. >> that's the quote mark alluded to. you hope that in light of -- i mean, there are dual messages last night. the country overwhelmingly elected barack obama back to office. more democrats in the senate and the house. on the other side. popular vote very close. obama farthest to left there, but up by 3 million votes. very close race. that was a message, not a mandate. so there is a middle ground that you hope they both seek out. because the electorate did send dual messages last night. >> one headline, the divided states of america. it is a little divided. we need some healing, neosporin and a band-aid. >> yeah, get over it and move on. >>> asian stocks tumbled overnight after a steep drop on wall street. global investors are nervous about new forecasts that show slow economic gro
speaker john boehner says republicans want to cooperate but not by raising taxes. >> here we go again. president obama addressed the crisis rather and other challenges he faces in his first post-victory news conference. abc's karen travers is joining us from washington with more. hi, karen. >> reporter: good morning, rob. good morning, paula. white house officials say they were expecting the president to get tough questions and yesterday he got them on a wide range of issues. in his first press conference in eight months, president obama said the american people knew what they were getting when they re-elected him. and his takeaway from last week's results -- >> i've got a mandate to help middle-class families. >> reporter: the fiscal cliff and mandatory spending cuts and tax increases is looming at the end of the year. >> i want a big deal. i want a comprehensive deal. >> reporter: the president reiterated that he's not backing down from the campaign pledge. to raise taxes on the wealthiest americans. >> a modest tax increase on the wealthy is not going to break their backs. they'll
Search Results 0 to 20 of about 21